New Jersey § 15A:12-13 Discontinuance of action or special proceeding

New Jersey Statutes

§ 15A:12-13 — Discontinuance of action or special proceeding

New Jersey § 15A:12-13

Title 15ACORPORATIONS, NONPROFIT

This text of New Jersey § 15A:12-13 (Discontinuance of action or special proceeding) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 15A:12-13 (2026).

Text

An action or special proceeding for the dissolution of a corporation may be discontinued at any stage when it is established that the cause for dissolution did not exist or no longer exists. In that event, the court shall dismiss the action or special proceeding and direct any receiver, appointed pursuant to this chapter, or other court appointed officer, to redeliver to the corporation all its remaining property. L.1983, c. 127, s. 15A:12-13, eff. Oct. 1, 1983.

Free access — add to your briefcase to read the full text and ask questions with AI

An action or special proceeding for the dissolution of a corporation may be discontinued at any stage when it is established that the cause for dissolution did not exist or no longer exists. In that event, the court shall dismiss the action or special proceeding and direct any receiver, appointed pursuant to this chapter, or other court appointed officer, to redeliver to the corporation all its remaining property. L.1983, c. 127, s. 15A:12-13, eff. Oct. 1, 1983.